Midway drills North prospect
Vancouver –Midway Gold (MDW-V) has kicked off a drilling campaign on its North target, which represents one of sev…
2003
Stornoway advances Coronation Gulf projects (March 24, 2003)
Vancouver — Stornoway Ventures (SWV-V)plans to follow-up on indicator mineral trains identified on its Sceptre and…
Partners drill for Hemlo gold
Juniors Sparton Resources (YSP-V) and Beaufield Consolidated Resources (BFD-V) have begun drill-testing several gol…
Goldcorp CEO urges PM to support US attack
In a public letter to Prime Minister Jean Chrtien, Rob McEwen, chairman of Goldcorp (G-T), says Canada should be more involved in the effort to remove Iraqi dictator Saddam Hussein.The letter, copied…
Ontario to spend $5m on Abitibi project
The Ontario government will contribute almost $5 million to a geoscience project designed to stimulate mineral exploration in the Timmins and Kirkland Lake areas.The “Discover Abitibi” project is a co…
Mindoro bullish at Lobo project (March 24, 2003)
Trenching on the Lobo project in the Philippines has returned encouraging gold values for Mindoro Resources (MIO-V).The program focused on the SW Breccia (SWB) zone, in the southwestern portion of the…
NYSE GREATEST VALUE CHANGE (March 24, 2003)
VolumeCloseChangeRio Tinto*N14470081.862.56Phelps Dodge*N201070033.99…
Flat TVs depend on silver
The large-screen flat-panel-display (FPD) television sets featured in home entertainment showrooms rely on a new technology wholly dependent on silver.The FPD model has been on the market for four yea…
Major Drilling posts loss
Major Drilling incurred a loss of $400,000 (or 2 per share) on revenue of $38.6 million for its fiscal third quarter, though that’s an improvement over the year-earlier loss of $4 million (37 per sh…
NYSE GREATEST PERCENTAGE CHANGE (March 24, 2003)
Exchg Vol(000s) High Low Close % ChgPechiney*N8013.8012.6013.76+12.33…
Coeur sets records
Last year was a banner one for Coeur d’Alene Mines, as the company set records for silver and gold production. Silver output rose 36% to 14.8 million ounces, produced at a cash cost of $2.89 per oz., …
Broad market, resource stocks march to US war beat
As war in Iraq drew nearer over the March 12-18 report period, financial speculators at home pushed the S&P-TSX composite index ever higher. After all was said and done, the bulls had raised the bench…